Kamdhenu Ispat
BSE: 532741 | NSE: KIL | ISIN: INE390H01012 | Steel - Medium / Small
- Directors Report
- Chairman's Speech
- Auditors Report
- Notes To Accounts
- Accounting Policy
- Finished Products
- Raw Materials
| Chairman's Speech | Year : Mar '09 |
Here, I feel proud to share with you the Annual Report of Kamdhenu
Ispat Limited for the year 2008 - 09. It ts a pleasure to inform you
that the overall performance of the company has been promising during
this financial year. We have successfully met almost all our targets
regardless of the upheavals in the Infrastructure & Construction sector
and are steadily charting the growth graph.
It is a known fact that the recent economic downturn has adversely
affected countries across the globe. India too faced the heat and very
naturally its vanous business segments. The Indian Infrastructure &
Construction industry that grew at a rate of about 12 per cent for the
past five years, contributing Rs. 3.8 tnllion to the Indian GDP dunng
the year 2007-2008 too witnessed a hold back. However, amidst such
untoward circumstances we pulled up our strength and showed our
competence & leadership in the domain. By undertaking strategic
associations we have made our pan India presence, remaining connected
to consumers far and wide across the nation, With a vision not just to
sustain in the market but to assume the topmost position, your company
is marching foiward with a farsighted approach and a futunstic
perspective. Taking a leap in this direction, your company has
ramified into the manufacturing, marketing, branding and distribution
of its variegated infrastructura! product verticals apart from its
pnmary & flagship product. Steel. Today. Kamdhenu Ispal Limited has an
enriched product portfolio that enlists Reinforcement Steel Bars
(TMT/HSD), Structural Steel (Angle, Beam. Channel, and Flat), Binding
Wire. Cement (Super Cement). Plywood. PVC Pipes, Paints (Colour
Dreamz), and Residential Projects. Kamdhenu fonts under the brand name
Colour Dreamz\as been a magnum venture made by the company in the
year 2008. The paint project saw a huge investment, for it rendered a
vital dimension to Kamdhenus infrastructure business. Recent
inclusion into the scintillating collection of products is
Construction Chemicals, which is soon to be seen in the market. The
idea behind this proliferation is twofold - the first being Expansion
through Divenyfication, while the second is to establish Kamdhenu as
One-stop- destination for Infrastructure & Construction materials.
With such clear focus, your company is moving ahead to accomplish the
height that is unparalleled. For this, we have devised our mode of
working with defined strategy. Our Franchisee Association Business
Model supports our expansion policy making Kamdhenu products easily
available in every part across India. It has worked wonders for the
company by popularizing Kamdhenu merchandise as well as the brand
itself. From 39 franchisee units last year, we have climbed up to a
number of 50 making our hold the market across the nation firmer. Next
is the Stockyard Business Model that has always proved beneficial in
the overall business operation of Kamdhenu by seamlessly meeting
consumer demand. In the past one year, our company has added over 1000
new dealers and distnbutors strengthening the companys supply chain
network by more than a base of 3 500.
Following these strategies Kamdhenu Ispat Limited has also created an
extensive marketing network of paint products across India. In addition
to that the company has invested lots of efforts & money m creating
brand awareness about its various products through heavy use of print
and electronic media campaigning- Immense endeavor has been made
especially towards strengthening the grounds of Kamdhenu Paints - in
the establishment of its highly sophisticated production plant at
Bhiwadi, Rajasthan and in the marketing & branding of Colour Dreamz.
The company is manufacturing an entire Architectural, Decorative &
Designer range of paint products, namely, Exterior & Interior
Emulsions, Cement Paints. Synthetic & GP Enamels, Acrylic Distempers.
Water based & Solvent based Primers, Wood Finishes, and Aluminum
Finishes along with Textured & Designer Finishes. Taking an edge over
the competitors Kamdhenu has brought in the new-age Tinting Machine
that is capable of distinguishing mmute differences of color saturation
enabling the consumers to make detailed choice.
Allow me here to introduce you to the social face of Kamdhenu Ispat
Limited. Your company has been actively involved in meeting its
obligation to the society at large. Our Corporate Social Responsibility
body. Kamdhenu Jeevandhara is lending its hand to the welfare of the
society in every small way within capacity. It engages in providing
education to the underprivileged children with essential learning kit
and mid-day meal in order to encourage them to study. As a sign of
relief to the physically challenged. Kamdhenu organizes free artificial
limb and Polio calipers transplant camps and also arranges for blood
donation programs. Taking our Green India Campaign further every year,
we also motivated our dealers and distributors to plant and nourish
five saplings each and make our Earth a better place to dwell in.
Paths that we traversed so far in this financial year were fruitful in
their particular aspects. To make the future glorious as was the past
we already have in place goals crystal clear before us for the
financial year of 2008-09. four company has come of age and is now
prepared to spread out into arenas of Infrastructure & Construction not
explored well. With that we would persistently work towards expanding
our nexus of franchisee base to enable floating of Kamdhenu products to
every nook and comer of India. More so, we are enthusiastic of reaching
out to more of foreign lands apart from our presence in the SAARC
countries.
Drawing the curtains here, I express my heartfelt gratitude to all who
have been beside us all this while. Everything that we accomplished
would not have been possible without the association of our revered
Stakeholders, Shareholders, Directors, Bankers, Financial Institutions,
Dealers. Distnbutors. Franchisee Alliances. Employees and nonetheless
our Customers, requesting their trust, believe in and support to us in
every step that we take in the future.
Yours Sincerely
Satish Kumar Agarwal
Chairman & Managing Director
Kamdhenu IspatLimited
27thJuly 2009
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| Source : Religare Technova | |
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